COMITE MB
ActiveSummary
COMITE MB has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €503,040 and a net result of €81,463. Equity is growing by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 73% of 315 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▼-2
Solvency76▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 2.04 against 1.65 in 2024; short-term debt: 43.3% and cash: 0.8% of total assets), and 48.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Employment activities (NACE 78)
about 17% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.2%
Return on assets
8.3%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 22-09-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
140 d early
2023
64 d early
2022
64 d early
2021
32 d early
2020
33 d early
2019
48 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 60 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 30% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€503,040▲ 19.3%
2024 · €421,578
Total assets
€982,883▲ 0.1%
2024 · €981,878
Net result
€81,463▼ 14.4%
2024 · €95,143
Working capital
€441,378▲ 25.7%
2024 · €351,142
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 78, Employment activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€62,154€101,168▲ 62.8%€64,546▼ 36.2%€146,911▲ 128%€146,463▼ 0.3%
Net result€43,501within the sector's middle half€67,630within the sector's middle half▲ 55.5%€26,896within the sector's middle half▼ 60.2%€95,143within the sector's middle half▲ 254%€81,463within the sector's middle half▼ 14.4%
Equity€231,909within the sector's middle half▲ 23.1%€299,539within the sector's middle half▲ 29.2%€326,435within the sector's middle half▲ 9.0%€421,578within the sector's middle half▲ 29.1%€503,040above the sector's middle half▲ 19.3%
Total assets€816,845within the sector's middle half▲ 8.6%€892,033within the sector's middle half▲ 9.2%€864,411within the sector's middle half▼ 3.1%€981,878within the sector's middle half▲ 13.6%€982,883within the sector's middle half▲ 0.1%
Debt€583,436▲ 5.3%€587,734▲ 0.7%€537,976▼ 8.5%€557,801▲ 3.7%€479,842▼ 14.0%
Working capital€178,342▲ 22.1%€247,918▲ 39.0%€297,630▲ 20.1%€351,142▲ 18.0%€441,378▲ 25.7%
Solvency28.4%within the sector's middle half▲ 3.3pp33.6%within the sector's middle half▲ 5.2pp37.8%within the sector's middle half▲ 4.2pp42.9%within the sector's middle half▲ 5.2pp51.2%within the sector's middle half▲ 8.2pp
Staff (FTE)2.4below the sector's middle half▼ 11.1%2.7below the sector's middle half▲ 12.5%3.5below the sector's middle half▲ 29.6%2.3below the sector's middle half▼ 34.3%2.3within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 78, Employment activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 0% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €982,883
Fixed assets
€115,894 ▲ 33.6%
Current assets
€866,989 ▼ 3.1%
Equity and liabilities €982,883
Equity
€503,040 ▲ 19.3%
Provisions
€0 ▼ 100%
Debt
€479,842 ▼ 14.0%
Debt's share of the balance-sheet total falls from 56.8% to 48.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€165,681▼
2024 · €166,196
Cash flow
€100,682▼
2024 · €114,428
Current ratio
2.04▲
2024 · 1.65
Debt to equity
0.95▼
2024 · 1.32
ROE
16.2%▼
2024 · 22.6%
ROA
8.3%▼
2024 · 9.7%
Interest coverage
8.18▼
2024 · 11.05
Debt ≤ 1 year
€425,610▼
2024 · €544,018
Debt > 1 year
€35,473
Income taxes
€50,585▲
2024 · €38,142
Staff costs
€131,424▼
2024 · €147,068
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €726 | €19,622 | €18,982 | - | - |
| Remuneration, social security and pensions62 | - | €86,189 | €177,358 | €147,068 | €131,424 | ▼ 10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33,503 | €31,550 | €23,445 | €19,285 | €19,219 | ▼ 0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€14,009 | -€9,031 | €14,960 | -€19,034 | ▼ 227% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €3,260 | -€2,760 | €2,500 | - | - |
| Other operating charges640/8 | - | €5,231 | €6,435 | €5,395 | €10,718 | ▲ 98.6% |
| Non-recurring operating charges66A | - | €5 | €8,100 | - | - | - |
| Gross operating margin9900 | €166,822 | €213,395 | €268,093 | €336,119 | €288,789 | ▼ 14.1% |
| Operating profit (loss)9901 | €62,154 | €101,168 | €64,546 | €146,911 | €146,463 | ▼ 0.3% |
| Financial income75/76B | - | €14 | €1 | €1,417 | €5,848 | ▲ 313% |
| Recurring financial income75 | €618 | €14 | €1 | €1,417 | €5,848 | ▲ 313% |
| Financial charges65/66B | - | €10,807 | €13,539 | €15,043 | €20,263 | ▲ 34.7% |
| Recurring financial charges65 | €11,022 | €10,807 | €13,539 | €15,043 | €20,263 | ▲ 34.7% |
| Profit (loss) for the period before taxes9903 | €51,751 | €90,375 | €51,008 | €133,284 | €132,048 | ▼ 0.9% |
| Income taxes67/77 | €8,250 | €22,745 | €24,112 | €38,142 | €50,585 | ▲ 32.6% |
| Profit (loss) for the period9904 | €43,501 | €67,630 | €26,896 | €95,143 | €81,463 | ▼ 14.4% |
| Profit (loss) for the period to be appropriated9905 | €43,501 | €67,630 | €26,896 | €95,143 | €81,463 | ▼ 14.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €816,845 | €892,033 | €864,411 | €981,878 | €982,883 | ▲ 0.1% |
| Fixed assets21/28 | €85,811 | €65,920 | €38,127 | €86,718 | €115,894 | ▲ 33.6% |
| Tangible fixed assets22/27 | €85,616 | €65,725 | €37,933 | €86,523 | €111,300 | ▲ 28.6% |
| Land and buildings22 | - | €26,126 | €16,931 | €11,474 | €10,889 | ▼ 5.1% |
| Plant, machinery and equipment23 | - | €14,306 | €11,261 | €8,392 | €4,966 | ▼ 40.8% |
| Furniture and vehicles24 | - | €16,293 | €9,741 | €66,657 | €51,450 | ▼ 22.8% |
| Leasing and similar rights25 | - | €9,000 | - | - | €43,995 | - |
| Financial fixed assets28 | €194 | €194 | €194 | €194 | €4,594 | ▲ 2,263% |
| Current assets29/58 | €731,034 | €826,113 | €826,284 | €895,161 | €866,989 | ▼ 3.1% |
| Amounts receivable within one year40/41 | €431,925 | €423,929 | €441,031 | €439,858 | €401,352 | ▼ 8.8% |
| Trade receivables40 | - | €105,294 | €119,749 | €133,600 | €94,629 | ▼ 29.2% |
| Other amounts receivable41 | - | €318,635 | €321,282 | €306,258 | €306,724 | ▲ 0.2% |
| Current investments50/53 | - | - | - | - | €457,718 | - |
| Cash at bank and in hand54/58 | €299,109 | €401,611 | €384,644 | €454,663 | €7,918 | ▼ 98.3% |
| Deferred charges and accrued income490/1 | - | €572 | €609 | €639 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €816,845 | €892,033 | €864,411 | €981,878 | €982,883 | ▲ 0.1% |
| Equity10/15 | €231,909 | €299,539 | €326,435 | €421,578 | €503,040 | ▲ 19.3% |
| Contributions10/11 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | - | - | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €223,853 | €291,482 | €318,378 | €413,521 | €494,984 | ▲ 19.7% |
| Provisions and deferred taxes16 | €1,500 | €4,760 | - | €2,500 | - | - |
| Provisions for liabilities and charges160/5 | - | €4,760 | - | €2,500 | - | - |
| Other liabilities and charges164/5 | - | €4,760 | - | €2,500 | - | - |
| Amounts payable17/49 | €583,436 | €587,734 | €537,976 | €557,801 | €479,842 | ▼ 14.0% |
| Amounts payable after more than one year17 | €21,467 | €646 | - | - | €35,473 | - |
| Financial debts170/4 | - | €646 | - | - | €35,473 | - |
| Amounts payable within one year42/48 | €552,692 | €578,195 | €528,654 | €544,018 | €425,610 | ▼ 21.8% |
| Current portion of amounts payable after more than one year42 | - | €20,114 | €646 | - | €7,878 | - |
| Trade debts44 | €281,621 | €303,531 | €258,984 | €275,792 | €181,531 | ▼ 34.2% |
| Suppliers440/4 | - | €303,531 | €258,984 | €275,792 | €181,531 | ▼ 34.2% |
| Advances received on contracts in progress46 | - | - | - | - | €1,000 | - |
| Taxes, remuneration and social security45 | - | €23,670 | €28,930 | €24,515 | €10,907 | ▼ 55.5% |
| Taxes450/3 | - | €7,790 | €6,479 | - | - | - |
| Remuneration and social security454/9 | - | €15,881 | €22,452 | €24,515 | €10,907 | ▼ 55.5% |
| Other amounts payable47/48 | - | €230,879 | €240,093 | €243,712 | €224,294 | ▼ 8.0% |
| Accrued charges and deferred income492/3 | - | €8,893 | €9,322 | €13,782 | €18,758 | ▲ 36.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43,501 | €67,630 | €26,896 | €95,143 | €81,463 | ▼ 14.4% |
| + Depreciation and write-downs630 | €33,503 | €31,550 | €23,445 | €19,285 | €19,219 | ▼ 0.3% |
| Operating cash flow (approximation) | €77,004 | €99,179 | €50,341 | €114,428 | €100,682 | ▼ 12.0% |
| Investment in fixed assets (approximation) | - | -€11,659 | €4,348 | -€67,876 | -€48,395 | ▲ 28.7% |
| Change in cash | - | €102,502 | -€16,968 | €70,019 | -€446,745 | ▼ 738% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Equity above €500,000Eq €503,040 ▲19.3%
5 profitable years in a row build equity to €503,040.
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Highest result since 2019net €95,143 ▲254%
Operating result €146,911, net result €95,143, both a record.
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Back to profitnet €43,501
Net result €43,501 after 2 loss-making years.
31-03
Financial
Equity above €200,000Eq €231,909 ▲23.1%
Equity rises from €188,408 to €231,909.
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Weakest financial yearnet -€29,722
Net result drops to -€29,722, the lowest in the series; recovery starts the following year.
2019
13-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2018
05-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
14-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
01-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 2008
Ground area
2,621 m²
Building footprint
250 m²
Volume, LiDAR
2,497 m³
Parcel 34040C1174/00T000, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Comité MB
since 20082.170.712.817
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C1174/00T000 | Flanders | 2,621 m² | 1 · 250 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- BELLESTELLE
- COMITE MB
Highest known parent: BELLESTELLE. The sources do not say who stands above it.
Owners 1
- BELLESTELLEparent99.87%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 2,360 companies in sector 78100 we hold annual accounts for 1,364. 876 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-05-1992
Fiscal year end31-03
Activities, NACEBEL 2025
78100Employment placement agencies
82300Organisation of conventions and trade shows
E-invoicing
Reachable via Peppol
Peppol ID
0208:0447548694
Also
9925:BE0447548694
Registered
01-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.